€ 520 000

€ 9 336 / sqm

+ VAT

From January 13, 2014 the VAT rate in Cyprus is 19%. However, buyers can purchase a new property with a reduced VAT rate of 5% under the following conditions:

The purchase is made by an individual, not a legal entity.
The buyer is not going to rent out the acquired property.
This will be a primary residence in Cyprus for the buyer, and they do not have any other property in Cyprus acquired with the reduced VAT rate within the last 10 years.

A reduced VAT rate of only 5% is applied to the first 200 m². The remaining area over 200 m² is subject to a 19% tax. These rules only apply to buyers of new developments, while for secondary real estate, VAT is 0%

1 bedroom Apartment in Potamos tis Germasogeias, Germasogeia, Limassol, Cyprus No. 58274

Bedrooms

Bathrooms

55.7 sq.m.

Square

Parameters

Property Description

For sale: Discover this modern off-plan apartment located on the second floor of a well-designed four-story building, complete with an elevator. Offering an internal space of 55.7 m², this home features one spacious bedroom, a stylish bathroom, central air conditioning, and underfloor heating. The apartment is being sold unfurnished, providing an excellent opportunity to create your ideal living space.

Situated in the sought-after Potamos Germasogeia area, residents will enjoy a unique blend of city living and tranquility. Potamos Germasogeia is well known for its lively atmosphere, beautiful river views, and a popular tourist area with cafes, shops, and dining options. The neighborhood also provides easy access to the highway, making commuting quick and convenient.

The gated complex offers excellent residential amenities including a communal swimming pool and a gym, perfect for staying active and socializing with neighbors. The property is energy efficiency class A, ensuring low running costs and a comfortable indoor climate year-round. With city views and close proximity to local amenities, this apartment presents a fantastic lifestyle opportunity.

Advertised exclusively by Purple International Real Estate. Completion expected in 2027. Contact us today for more information.